hi this is a review and guide trade XM XM was established in $YEAR to $YEAR $MONTH 2009 regulated from Cyprus as well as through
the asset and the FSP many forex traders will first note that is XM is located
out of Cyprus it is fully covered by the stringent regulations required within
the Europe furthermore this platform is covered by
the financial conduct authority in the united kingdom and the bfin within
Germany thus clients can rest assured that their security will never be put
into jeopardy let us take a quick look at some of the
basic features of this platform which are important to note when considering
XM as an online broker trading systems the two main types of trading platforms
offered our web trader and metatrader4 web trader is excellent due to the fact
that a client can access real-time market information directly through the
website without having the need to download any software this is ideal for
those with limited hard disk space or who wish to access their account through
a smartphone metatrader4 is one of the most popular systems currently in place
not only are all prices and movements clear but it's user friendly nature will
vastly increase the performance of any trader it should be noted that both
manual and automatic trading options are available through metatrader 4 types of
accounts the first level of trading account is known as their micro trading
account this is the preferred method for those who are learning the forex markets
or who wish to embrace an extremely low risk approach one is able to open up a
profile for as low as 5 dollars their standard trading account represents the
next level up as the name suggests this is the type that is primarily used by
season traders who are willing to expose themselves to a moderate amount of risk
one of the primary differences with this account is that larger contracts sizes
are available the executive account requires a minimum deposit of $100,000
to become activated while there are larger risks naturally the capability to enjoy massive gains is likewise
increased those who trade in high volumes may be interested in this type
of account demonstration accounts are also available these are intended for those who wish to
try out the platform before making an ultimate decision interestingly enough no less than one
hundred thousand dollars in virtual funds are provided it should be
mentioned that XM also offers Islamic accounts for those who wish to trade
under the principles set forth by Sharia law spreads and commissioned as with
most online forex brokers the spreads will depend upon the trading system in
the type of account spreads can start as low as one pip an added benefit in
regards to these peeps is that fractional pricing is available five
digits are provided as opposed to the standard four digits offered in other
sites both fixed and variable spreads can be chosen by the trader there are no
commissions charged by XM instead the company makes a profit on the spreads of
the traits themselves there are therefore no hidden fees and the gains
or losses which a traitor makes are quite real underlying assets there are
several different instruments that can be traded through XM some of the most
popular are currencies gold and silver foil CFDs commodities indices stocks no
F trading is supported by this platform reliability and efficiency XM . com is
considered by many to be one of the most reliable platforms available for those
who wish to execute real-time traits nearly 100 percenter are completed
Indiana less than one second there will be no recoat sand all figures
are as they stand upon the execution of a position due to the use of the
previously mentioned trading platforms there is little lag times between the
observed prices in their actual market equivalents however this will partially rely upon
the processing power of one's computer in its
connection speed payment and withdrawal methods there are several transfer
options provided by XM a handful of these include credit cards ideal
moneybookers Skrill nutella suffered western union it needs to be noted that
there is currently no possibility to use paypal to deposit or withdraw funds
customer support XM posts appreciable levels of client engagement and support
a live chat widget email and telephone number are offered as standard to
clients of all account levels one of the most interesting features of this
support is that XM provides customer service and no less than 20 different
languages facsimile these are also able to be sent to four different numbers
depending upon one's physical location these support services are only
available from Monday through Friday any requests put forth during the weekend
will be addressed on the next business day x m.com is quite a popular online
broker for traders of all skill levels its primary benefits are the high
reliability of trade executions easily manageable platforms no order rejection
and amenable leverages of up to 1 colon 888 still there are some downsides to be
noted as mentioned previously the use of paypal for money transfers is currently
not supported there is little difference besides the risk and trading volume of
the three account types a minimum deposit of $100,000 has enabled the
upper level account to cater to only the wealthiest of individuals finally the
fact that customer support is only available from monday until friday may
slightly aggravate some traders who wish to execute positions during the weekend
x m.com is nonetheless a powerful online forex broker which should not be
overlooked yeah